How do insurance company pay out large money?

Can a company use private insurance money to pay other bills?

  • Just a curiosity question.... a friend told me that her husband is an accountant and saw the info for the private insurance account at his company and it was practically empty. He ...show more

  • Answer:

    Yes. Assuming it's an HRA, there is no requirement for the company to fund the account. That's the point of it. They can fund it as needed.

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